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of "thunderbirds," has died at the age of 83. japan's new prime minister, shinzo abe, has named his cabinet. on foreign policy, he emphasized the importance of japan posting relationship with united states. relationship with united states. >> i spoke to president obama on the telephone the other day. we have agreed to work to rebuild our relationship. i acknowledge before stepping reinforcing our relations with the u.s. is our priority. as prime minister, i must protect our citizens lives with determination. right now, are fearful -- airforce are protecting our sea and sky around the island. japan's security is not someone else's program. it is the crisis we have on our hands. >> this is "bbc world news." mohamad morsi has welcomed the vote in favor of a new constitution and he has called on those who opposed it to join in a national dialogue. another army massacre in syria as another person the facts. seeing the army has deviated from protecting the nation. a fire has destroyed a fireworks or house in nigeria. it killed at least one person and injured many more. it quickly spread to other
's happening in japan. you guys may recall yesterday it was up .9%. this market has been on a tear this year. it's up more than 20 one of the best asset classes. the yen continues to weaken. there's two reasons why we're focusing here. we got weak economic data out of japan. industrial production decline. we saw core consumer prices decline. we can show you, though, what's happening with the yen. we're seeing the new finance minister coming out and saying to other countries, you know, look, we're not trying to materially weaken our yen and you have no place to accuse us of doing so. he says a strong dollar policy would benefit the u.s. very much so. and, again, might benefit japan, too, because that will make it a lot easier to get that yen lower. today, the dollar/yen is up .2% because it's important at this junction now that we've seen the new government come in, now that we've seen the new cabinet ministers, people who were expecting a lot of fiscal and monetary magic from to look at the data overnight and be reminded that it's no guarantee japan will magically be able to rejiger its econ
. 30,000 american troops are stationed there. japan is preparing for the launch as well, they are deploying service air missiles to shoot down anything that may enter its airspace. joining me now is gordon chang. you say that if this is all true, north korea has a very specific audience. who and why? >> the specific audience would be iran.e. who and why? >> the specific audience would be iran. north korea and iran have been conducting a joint missile development program for at least 15 years. in the beginning of september, they signed a technical cooperation agreement, just yesterday, the kyoto news agency reported that a facility close to the chinese border, they are there for nuclear weapons and missile purposes. we need to keep an eye on north korea's relationship with iran. jenna: not only because it is a weapon, but because it can carry a nuclear warhead -- do i have that right? can you explain it to her audience? reporter: sure. north korea has these weapons. but her rants iran is on the verge of getting them as well. they have had warhead testing, which looks like
-month high on the notion that the urbanization plan will gain spurs in the housing stocks there. japan, abe confirmed as prime minister there. the seventh prime minister in the past six years. we did see the yen hit a 20-month low against the u.s. dollar. notable lows against the euro as well. the topics in the nikkai the lowest in nine months. >> going back to his old job, that he had back in 2007. strange in and of itself. i wonder how long it will take for people to start talking about netflix after the outage going into christmas eve on social media. they were calling it no flix. and to blame amazon web services, which is one of their huge growth engines. a unit of the company they say is probably a tenth of its eventual size. >> one of the highest growth parts of amazon right now, the web services portion. their amazon is down 1.25%. i don't know if that's the reason. but it was the streaming center in northern virginia that was the source of the netflix outage. it's resolved, though, as far as we know. we don't know what sort of impacting -- >> i waste a vin't a victim, bu sure a lot
-- recently last week i was in korea and japan doing some business over there to with companies. i did hear over and over again, there's a lot of concern over there about whether or not the folks in washington will be able to get a deal together. because it's unlikely that many of those companies there or here are going to be willing to invest, to hire, to put people to work unless there's some kind of resolution, some kind of clarity looking forward. >> we'll leave it there. good to have you on the program, sir. thanks very much, governor. >> thank you. >> jack markell. >> and this is not a knock on the governor, but did you notice like so many elected officials, they can't bring themselves to publicly say the word, we raised taxes, right? which is what they did and it worked, but we raised revenue. revenue has become the new catch word for taxes. >> right. we are raising stock prices right now. we were down 189. down 107 right now. >> is this decline a preview of what can come next week if we don't see a deal to avoid the cliff? we'll talk about it. >> also, antawn shutz gives us his best
of all that, true. >> not such a crummy year for japan. japanese stocks rallying you can the yen continuing its slide against the dollar in all the major currencies, in fact. asian markets mixed overnight trading. the nikkei climbing to a closing level not seen since just before the march 2011 earthquake, marking a third day of gains, mostly drive bine hopes for a new stimulus policy. the yen is sitting closes to the lowest level since september 2010 against the dollar. interesting here because now a lot of people are saying the best or the hottest trade in 2013 will, in fact, be long japanese stocks and short the yen because what's different this time around, now there is an actual target, 90 is the target. we know where it is going to go. if they are able to weaken the yen to that point, it is a core roll lary stocks will go higher, exactly what happened with the united states, ben bernanke ease he can the monetary policy and the 14% gain in the stock market this year. >> seen the yen basically strangling japanese exports for so long. >> exactly. >> so you know, obviously i the
. martha: how different than what happened with japan in the '80s. seems like they owned every building in new york. >> back in the '80s and very early '90s japan actually overpaid. they bought the pebble beach golf course in california and bought rockefeller center in new york. various other properties and paid huge dollars for them and lot of their shirts. this time around with china is not the case. you can't say they're paying a lot of money for aig's plane leasing business or a123. martha: stuart, thank you. see you coming up on the business channel. bill: here is the question for you. how much american debt does china actually own? as the largest foreign owner of u.s. debt it owns more than a trillion dollars in treasury securities. china's holding of u.s. debt has increased 56% over the course of the obama presidency which comes out to about $400 billion more. it has bought or invested in more than $15 billion in more than 100 u.s. companies going pack to january of 2010. that is influence. martha: new numbers raising fresh concerns here at home about our economy. the u.s. consum
, a manga from japan, a lot of boys are into. >> what is the storyline. >> about a guy trapped in a hotel room for 15 years and afterwards is given a few days to figure out why he was trapped in the hotel room or he will be killed so it's a psychological thriller, it's very strange, it's different, and spike lee had a huge hit with "inside man" so he knows how to do thrillers. this could be a big hit for him. we have to wait and see. >> for people like me still catching up on the movies of 2012, if you had to pick the top five say that you should try to see not before the end of the year but maybe before the end of january, before the oscars, what should you try to see? >> definitely "the sessions." it's a helen hunt movie and it's a little bit controversial. there's a lot of nude nit it but it's a touching film about a man who is sort of, can he barely move, and he wants to sort of experience sexual relations for the first time and enter helen hunt and it's in her role in the film is much buzzed about and i think it's worth seeing, i'd say "les mis," hugh jackman does a terrific job in t
with his wife. he played for the new york yankees last year and recently signed with a team in japan. >>> shinzo abe has been elected in japan as prime minister. he held the same position six years ago, but resigned because of health problems. he says he's okay now and promised to revive the economy, address japan's debt and create a recovery plan for last last year's earthquake, tsunami, and nuclear disaster. japan's economy sunk into recession two weeks ago. >>> 'tis now the season for gift cards and those returns. shoppers expected to flood the stores again today to return or exchange gifts that don't fit or they tonight want. an analyst tells "the wall street journal" 10% to 15% of coll holliday gifts come back as returns or exchanges. >> i don't have anything to return or exchange but i'm going to go to the store anyway, just to support the economy. because i enjoy it. >>> coming up, president obama heads back to the white house today to work on the ever looming fiscal cliff. can he cut a deal with republicans. >>> and david gregory may be in trouble of the law because of that a
across america, the world, pouring in to show support. >> people from japan, cairo, egypt, france, poland. but everybody, even all over the united states here. >> reporter: from portland, oregon, 26 wreaths for each innocent life lost. and from sanford, north carolina, 26 christmas trees donated. >> through the strategy, i wanted them to feel love from all over. >> reporter: firefighter anthony carpenter helped line the trees along the entrance to sandy hook elementary. >> i would say within an hour, they were all decorated. >> reporter: from long island, new york, 26 ornaments. >> they are not alone. >> yeah. >> yeah, not alone. >> reporter: children from ft. stuart, georgia, sending toys to children in newtown in time. christmas. from all over the world, 2 million people signing this card online, offering their condolences and love. free hot coffee for the whole town from someone in los angeles. >> reporter: maxiline ramos manages newton general store and >> their lives will never be the same. it goes along way. >> reporter: maxiline ramos manages newton general store and says coffee wa
markets, looking at japan and maybe trading data coming out later in the day tomorrow, thinking about their cpi number. we're looking at that to see how that's going to affect technology products like the ipads and gadgets and things of that nature. that's going to be huge as a lot of the things we use day-to-day is produced in japan. >> guys, good job. thank you all for joining us as we look ahead to tomorrow. today, a wait and see market since we still don't have any resolution on the cliff and doesn't look like we will for a couple of da
therefore it's about them. if anybody would have made that same decision, it's not about them. japan attacks pearl harbor on december 7, 1941, franklin roosevelts has to decide if we are going to declare war on japan. we were going. >> no conceivable american politician would have declared war. >> no politician who would have become president. that's right. >> host: you pay particular attention to three presidents, thomas jefferson, abraham lincoln, you already mentioned and woodrow wilson. let's do them in chronological order. let's start with jefferson. he it a extreme president? >> guest: a model president. how they are they were evaluated before they became president. if everyone had the ability to influence whether or not they would get the job, knew everything about them. then the people have a ability to recognize the person is not what we want or the person is what we want. and they pick jefferson. if you look at jefferson's career, he had been governor of virginia, ambassador of france, secretary of state, vice president of the united states, member of the congress. author of the de
in australia and france and the uk and happens in japan, but for some reason i don't see them grieving over 20 children that have been slain in their schools. that does come down to a question of our gun problem and gun culture and the way we cope with it. i know the families in this town when they are past their grieving and they never will be, but one of the things people want to do here in newtown united is to give them a platform and a voice and let's hear what they have to say. >> two things you mentioned. newtown united and the goals for the organization. you mentioned having knew or met nancy lanza. can you give impressions of her from meeting her? >> it is a small town and a bunch of us play tuesday night ultimate frisbee in one of the local playing fields. we want to have a beer and we go to this place called my place. you have seen it on the news. nancy was i don't want to say a regular, but she was there and i chatted with her. a seemingly pleasant person and i'm sure she was. that's it. that's how small towns work, right? when i wait and saw i knew a number of people who lost a lov
.s. allies, japan, south korea condemn the action. philippines, where the rocket landed 200 miles off its shore protested. japan is particularly upset because it flew over the okinawa islands where there is large u.s. presence. south korea is calling for more u.s. sanctions. the most important, china, they are saying want a moderate and prudent response. may well go to the u.n. security council this morning. back to you. martha: so how important is it for north korea's missile regime, missile program i should say they were able to launch this weapon successfully? they have seen several failures in the past? >> reporter: well it is a major scientific achievement if you look at it on that level even though a lot of their people are starving in the country. from what the experts are saying they're still a long way off from being able to fire a ballistic missile with a nuclear warhead. there is problems with the heat from reentry, things like that. but it's, they are moving towards that ballistic missile which could threaten in the future the u.s. mainland. but it does seem a political succes
of japan easing monetary policy again today, announcing an increase of its asset buying and lending program by more than $118 billion. that move was widely expected as part of the reason that you had seen the yen under quite a bit of pressure, yesterday, at least. you'll see right now that in japan, the market there actually closed down by just over 1%, 1.2% almost. the hang seng and the shanghai composite were slightly higher. oil prices this morning, you'll see right now, are down by about 4 cents to $89.94, so you have things to pick up in those prices over the last couple of days. and the ten-year note at this point which yesterday was yielding above 1.8%, dropping down to 77.2%. finally, take a look at the dollar and gold. yen is at 83.99. gold prices this morning with all these movements in the currency markets up by about $1.10. >>> winter storm draco is moving across the united states threatening retailers and holiday travelers. paul, we know that sometimes the storms could be a good thing for some retailers, particularly if you're selling things from home depot or the likes of thos
in a number of european, in japan and a number of other locations we have had in japan an individual went in with a knife and started stabbing people. this was somebody with a severe mental illness. we don't know what we have here. we don't know if in fact the principal was a victim of this believed shooter. we don't zero if this is something that related to the school. something outside of the school. but there seems to be a profile when we see most of these shootings, though, chris, it's someone who's angry, who's frustrated, who's rageful and who blames others for problems that they have in life and unfortunately, believe that they have almost a right to go and take out their anger and frustration and rage against another person. years ago we thought children they needed to get under their desks and hide because we were afraid of a nuclear threat from russia. now we have to teach children in kindergarten and first grade what they have to do if a shooter come into their school. this is an anomaly, but if this happens more than -- >> we're just hearing from wnbc's jonathan dietz, hess re
. and with their help, he's now selling his made in america pens to the world. >> going to china and japan instead of the other way around. >> reporter: and it turns out this made in america conversation has taken off elsewhere, too. so many americans going on twitter, and for the first time, a tally. since we started this journey, 946,565 tweets with those three words, made in america. "world news" viewers, a huge part of that. like samantha. just tweeted me, "did a little christmas shopping today for some friends, and the best part? all of it was #madeinamerica." and she sent me the picture to prove it. and who noticed this conversation? one of the founders of twitter. and we found him in new york, as he was shopping for made in america. he's seen the trend of twitter. and you've seen it? >> oh, yeah. >> reporter: jack dorsey. and without him, we wouldn't be sending those 140 character tweets. he says movements on twitter come in all sizes. >> some grow very, very large and global, and some stay small. >> reporter: but this is not a small one? >> this is not a small one. >> reporter: and he's in
with china or the u.s. it has to do with the new japanese government. the bank of japan is meeting on wednesday or thursday. the trick here for the american investors is to remember the currency. you have to experience it. it sounds like the federal reserve. so this idea. the cliff may be overrated. i'm curious to see what happens. you mentioned the debt ceiling in the show. if obama gets that, he is going to give a lot back. if obama gets that lifted now. so we don't have to have the fight. he is going to have to give up a lot. but i agree. if we can take that off the table, we don't have to fight that fight that is a positive. >> you stay low in the market. i'm under weight equities and overweight credit. i want to see what the deal looks like before i add. >> strike could slam businesses from maine to texas and all points in between. it could damage our economy. impact life expectancy in the u.s., real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual
as demographics. because they couldn't see what made people different. today, retailers from the us to japan are using analytics to find insights in social chatter, reviews and sales transactions. helping some companies increase online revenue up to 50% by offering customers an experience as unique as they are. that's what i'm working on. i'm an ibmer. let's build a smarter planet. vestors like youe : 1-800-345-20 >> schieffer: some of our stations are leaving us now, but for most of you we'll be right back with more on this story. stay with us. ,,,,,,,,,, >> the nation is in mourning, following friday's profound tragedy in which 20 innocent connecticut sc the captioning on this program is provided as an independent service of captionmax, which is solely responsible for the accurate and complete transcription of program content. cbs, its parent and affiliated companies, and their respective agents and divisions, are not responsible for the accuracy, or completeness of any transcription, or for any errors accuracy, or completeness of any transcription, or for any errors in transcription. clo
to shoot it down. they wanted to fool japan. they succeeded. >> and it certainly does strengthen the new young leader kim jong-un domestically. >> absolutely. they have been trying since 1998 to launch a long-range missile and they failed in the previous four attempts. they succeeded in this. it's not a rocket that can deliver a major warhead. there are marriajor hurdles to >> they have done in north korea where a lot of people are starving what south korea has been unable to do. >> by choice, actually. >> they haven't launched a satellite into orbit. >> south korea has not. this will undoubtedly spur competition with south korea. you'll see that. you'll probably see south korea respond with more batteries and japan will probably already do that. you have heard that we need to spend more. we spend $10 million a year already on a missile system. it has international ramifications that are going to destabilize. this is why the security council is condemning the move. >> so how much of a real threat to the united states, whether hawaii or the west coast, is this? >> we are not threatened an
for david? >> well, no. i want to talk about japan. i know our audience is carrying a lot more these days about the fiscal cliff, but we've got another cliff of sorts coming up in japan, the electrics sunday. everyone is expecting that abe follows in the footsteps of mr. draghi and europe and mr. bernanke here in the u.s. we can more yen printing, that weakens the yen. maybe american investors can make some money in japanese stocks. i'd be curious where you think the election is going. does it matter? >> i think the world has more possibility that your pen might change course as far as monitoring fiscal policy after the elections. but the japanese realize when you play with fire, you might end up burning down the house. jgb's nine times tier one capital, if they're not careful, they can trigger a run on jgb and the house base comes tumbling down. so i think actually the next government is tokyo will be a lot more cautious. i think the market is -- >> so we can get another huge disappointment. so everyone thinks the dollar/yen is finally going to go up, you can make money on the yen short
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currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republicans. on a broad thing like this, you need both. and he has put himself with plan b and sort of an impossible position. he has to get these hard right goes to go along with him. and he and the president were going to say we're going to pass a deal with the majority of republicans and the majority of democrats in the
year's tsunami in japan. a coast guard spotted it in olympic national park in washington. they are trying to reach it to find out if it's harboring the area. >>> gm will buy back 200 million shares and another 300 million will be sold through various means or so. that will end the $51 billion bailout of the automaker. taxpayers are expected to lose money on this deal. the stock hasn't done as well as hoped. >>> south korea has elected its first female president. park promises to salvage the economy and other issues are income inequality. park is the daughter of the country's former military dictator. >>> and take a look at these dramatic i am manuals of a mudslide in motion. our affiliate, komo in everett washington captured the video as the slide slammed into a moving freight train. cars crumbled and derailed, as you can see there. the freight trains were back on the tracks yesterday but amtrack is waiting 48 hours to make sure that this scene is safe. unbelievable when you see that mudslide. >> do we know if anybody was hurt? >> i don't think anyone was hurt. it was a f
and japan who hold elections this month. tokyo has already deployed its military to takeout any debris from the rocket and also the u.s. military as deployed more ships with special antimissile systems so they could intercept the rocket if it does go towards japan. back to you, jon. jon: david piper keeping an eye on north korea. thank you. jenna: we'll stay with overseas news and go straight to egypt. egypt plunging deeper into turmoil as the military acting on orders of the president there out in force and giving new power to arrest civilians ahead of this week's vote on that draft constitution that is so controversial. this as thousands of protestors take to the streets near the pre in cairo demanding the fall of the new regime. conor powell is live with more now. >> reporter: jenna, this political crisis is only growing and increasing in seriousness. at the heart of all this is the draft constitution which is supposed to be voted on on saturday. opposition groups want that vote postponed. they say the draft constitution is too islamic, they say it's antidemocratic. the morsi government
, is tracking him this holiday season. we just got video in -- yes, video in of santa. he is now in japan and also in korea because santa can do anything. it's magic. he's delivering it in those countries. then he'll make his way closer to the united states around midnight or so and eat the cookies left by kids around the country and deliver presents to all the good children in america. we'll continue to track santa. we'll be right back. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. >>> jamie foxx stars in the new quentin tarantino movie ""djang unchained," a violent movie. but after the sandy hook shooting, he said this. >> it tears you up. we have to do something. i think now i feel that everyone is really pulling together, and we hav
. land slide victory for the conservatives in japan. you know what the conservatives stand for? unlimited easing stimulus. the new prime minister is back in again. increase defend spending. increase infrastructure spending in japan. that's why the asian markets were up overall. did you see what was going on in shanghai index? up another 0 .5%. finally, did you see the airline stocks? nice upgrade at a couple of the firms there, upgrading the airline indexes, moving the last several weeks on better news overall. minimal impact from hurricane sandy. so they upgraded the airline stocks today. the coal stocks up, too, on talk over in barron's that coal would be in much higher demand over in china. guys, back to you. >> thank you, bob. >> let's go over to the bonds and dollars. how are you? >> good morning, jim. well, interest rates, once again, have trickled a bit higher. if you look at it in the context where we've been, basically held the bottom of the range. the pivot, 1.60. we talked quite a bit about how 160 was an important level. we have built on that as we've distanced ourselves, a do
the regime. you have the chinese making trouble for japan over these islands and making trouble for the philippines and making trouble for the vietnamese being uher is tiff -- being assertive in what they consider their territorial waters. many think it is international waters. it is a scare yes, sir place. there is -- scarier place, and there is disorder in the world. >> and the middle east. there is so much concern about the arab spring a year ago. a lot less promising now. >> sure, you have the problems in egypt which is a difficult transition. libya, we obviously know what happened there at benghazi and a country that is unstable. even tunisia isn't doing that well. when you have crisis and chaos there isn't an opportunity for american leadership. what you would need is a president who would have the grand strategy for what do i want to see happen in the world in the next four years and how am i going to get there? >> the strategy seems to be america withdrawal and retreat in the world. we are r going to cut the gash and the defense budget and we are pulling out of afghanis
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of the pacific coast, including my state of washington. japan in the midst of the recovery of this disaster has shown extraordinarily leadership and friendship by recently announcing they will donate $5 million to the cleanup. it's important we authorize the marine debris act to ensure the noaa has the author it needs to work with the states to address this threat. so i very much appreciate the cooperation of chairman lobiondo for including this important environmental measure. and also applaud my colleague, mr. thompson, for his work to see this program re-authorized and mr. faverplet this legislation reflects fair and balanced compromise. we have an obligation to support the coast guard and support our u.s. merchant marine. have a safe and secure maritime environment, good for the economy, and good for the american people n my estimation this legislation fulfills that obligation. i urge its passage today. just briefly want to thank once gren mr. lobiondo for his in-- once again mr. lobiondo for his incredible work in bringing this legislation to passage. with that i reserve the balance of my
in the presidency? increasing concentration of power. there's the catastrophe in japan. in the united states, they immediately want to say what's the president doing? what's he saying? what's the policy? what's the action. thirty years august, that would be a question, but it would not be a central question. presidents have the -- amazing what they can do. obama has more power than bush had, for instance. >> yet, i believe it's your view we know less about our presidents, less about the inner workings of the white house. why is that? is that our fault? >> well, it is, in part, our fault, and the managers in the white house get better and better and more skillful, and that it's a bearier -- barrier often, and god knows how much time i spent breaking down, breaking that log jam ?t white house saying i'm doing this book, i've got stories, i got memos. i got these notes to answer questions. it's not something where they are standing there on pennsylvania avenue saying to the reporters, come on, we're dying to have you hold us accountable for what we are doing. >> now, you do manage to break peop
the other day. japan just had another tsunami. the disaster of sewage and leaks. the climate apex for a meeting was just a in dubai. they came to the conclusion that climate change is over use of fossil fuels and natural gas and oil. the amount of fossil fuels utilize by countries with huge populations such as india and china. we need energy, but we need to move onto clean energy. that is one of the president's priorities. he can create a whole new infrastructure that replaces the military industrial that eisenhower warned us about. host: thank you for the call. speaking along the lines of the environment and the epa. there is this -- from "to the boston globe" -- this from "the l.a. times" -- from "the gazette" in colorado -- our question for you is, what the think the president's no. 1 priority should be? just is joining us on the democrat line. caller: good morning. it was a little bit of serendipity that you read the editorial from "the new york times." i believe the first priority, our entire government should be repairing the infrastructure of the country. we have some infra
and growing. growing in the suburbs. that's the latest trend in poverty. >> i'll give you an example. japan. i lived in japan five years and they had a very good early childhood education program. there's very limited class difference and i think that that has worked pretty well and, you know, bringing, everybody prepared to participate in the labor force. >> just bring this up, again, i think there are some people who don't watch the show regularly, but, of course, they heard that nick was coming on and like one direction. >> you should see my twitter, it's going wild. >> nick crikristof is on, my far was unemployed in the 1970s and $40 in mississippi, once a week, allowed him to buy groceries for his kids and put a tank of gas in the car. so, these programs, there are extremes and there are problems, but mike said, this won't break the country, but certainly destroying lives. >> there are, you know, blind kids who desperately need their families at home and that support makes a huge diffdiffer. the problem is when you have much more ambiguous situations and parents think they can gain the cy
the committee in the house -- in house resolution 121. it was a resolution calling upon japan to apologize during the imperial army during world war ii, women forced into sexual slavery. he achieved justice for those who suffered atrocities in the past and his leadership will be missed. i also want to thank him for his leadership on the issue of pat tillman, soldier who was -- he lost his life in a firefight when in fact he was killed through -- and i want to appreciate that. lynn woolsey came to congress with a compelling story about how with the helping hand from her government she was able to raise three children by herself and have a successful career serving the people of marina and sonoma counties. she's been a tireless voice for family-friendly policies, for protecting the coastline of northern california and for bringing our troops home and ending the misguided wars in iraq and afghanistan. lynn was a leader of the congressional progressive caucus and i call her the mom of the caucus. and her passionate voice on progressive issues, she will be missed. her leadership will be missed
, they don't have these same shoot problems. if you like at japan, they have the most vicious, violent video games of anybody, and they don't have these issues. they don't have a murder rate. >> guess what? tell your hollywood friends, we got hundreds of millions of guns on the street. we ain't japan, so you fight the war on the battlefield before you and the battlefield before us is there is easy access to guns. there will be easy access to guns regardless of what gun safety legislation. >> to parents while i still have control, because you lose it as they get older, don't let them do it. find something else. it's hard. it's easier said than done because a lot of kids sit there for hours and it's their baby-sitter, but no. >> steve, i understand that's not your position, but i'm hearing this a lot of from people in hollywood. no response. quentin tarantino was unbelievable incense it actisen. what a total jackass. left wingers say i want to -- there's a slippery slope on first amendment rights. >> it's always a mistake to do exactly what you want to do when in this kind of situation. you ha
this morning. odd christmas tradition in the world. going out to japan, it is so normal that kfc is so popular that people go to kfc for christmas they have to make reservations weeks in advance. >> i can't imagine. i believe we ought to exsport. >> ileave mince pie and guinness for santa. >> that's why he forgot to wrap the presents. >> and in venezuela, they skate to church. >> roller skate. >> they move to the rollerblades or have the double wheels. >> there is no speed limit there. you can pass all you want. >> any odd traditions to do? >> i think in a lot of places in america we have adopted the tradition from different cultures. my favorite thing on december 7th. feast of somebody help me out here. put your shoes out and you wake up in the morning and you have candy in your shoes . in holland that is wooden shoes . >> how about you. any crazy tradition . >> no, we go to church on christmas eve . open one present. >> i know some families that have birthday cake for jesus and other families instead of lot of gives they do three because the wise men had three. >> gretchen said she is swedis
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for japan. there is something wrong with this picture. we'll have the details in a moment. please don't forget. free market capitalism is still the best path to prosperity. it may not entirely show itself in this fiscal cliff fix, but the fix may be coming. i'm kudlow. we'll be right back. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> u.s. tax dollar funded battery marker a-123 systems is up for sale. the winning bid goes to -- china. so i asked was red china rising why u.s. taxpayers have to finance their battery companies. here's ann lee, author of "what the u.s. can learn from china," professor of nyu and visiting professor from beijing university and author kwof "death by china" and cnbc contributor. ann, let me go to you first. if we, the u.s. taxpayer and government are dumb enough to build a goofy batte
ask you about some other stuff. japan rising. europe stocks doing very well. china stocks having a bit of a comeback year. in other words, as a global guide, there are options to playing this fiscal cliff game here in new york. >> absolutely. you don't have to just trade the s&p 500. i mean, look at tonight, you're seeing australia up a third of a point. the japanese yen is doing very well. look at hong kong. if you want to take what the federal reserve did and apply it internationally, look at hong kong. their monetary policy is pegged to what the federal reserve does. but they have an inflation issue and their economy is tied to china. so if you buy something like ewh, the hong kong etf, all those stocks are priced in hong kong dollars. if the hong kong dollar is repegged, the ewh will go up as much as the repegging. >> what does that mean for the u.s. market? where are you on the u.s. market right now? >> you know, i think right now, probably to the end of year, if we can get some kind of movement on this fiscal cliff, you have a real potential for a pop, 3%, 4%, 5%. unfortunately,
-efficient engine, but it's not from japan. it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> welcome back to "the ed show." our next guest has a long history with the state of michigan. >> hi. i'm michael moore. in my hometown of flint, michigan general motors closed the factories and put 30,000 people out of work. to raise their spirits i made this movie. >> the protests we've seen in michigan lately probably got his attention. >> right to work is wrong! right to work is wrong! right to work is wrong! >> right to work is wrong! >> right to work is wrong! >> let's bring in academy award-winning filmmaker michael moore, who was born and raised in the great state of michigan. michael, good to have you on "the ed show." appreciate it. >> thanks for having me here, ed. >> is your blood boiling over this? >> well, yeah. i've been in a bit of a rage the last couple of days. my uncle was in the sit-down strike in flint 75 years ago this year. uncle vern. and our family and all the families of people i grew up with
, fuel-efficient engine, but it's not from japan. it's a car like no other... from a place like no other. introducing the all-new 2013 chevrolet malibu, our greatest malibu ever. ♪ >>> a meteorologist in louisiana loses her job after defending herself on facebook. rhonda lee joins me with her story. we'll be right back. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet. step 1. eat the soup. all those veggies and beans, that's what may help lower your cholesterol and -- well that's easy [ male announcer ] progresso. you gotta taste this soup. >>> and we are back. a handful of republicans are playing politics with the victims of hurricane sandy. they're refusing to fund disaster relief unless democrats offset the spending. these republicans probably didn't attend the 121212 concert last night. stars like bruce springsteen, bon jovi, and the rolling stones helped raise more than $35 million. now congress needs to do its part. the president is asking for $60 bill
for the 1460 level. japan is trading at the top range of a 6-day trend channel. we're looking for a break above that and uranium had a couple very good days. the last we saw was august and looking for a continued move higher and above the moving average. >> thank you very much. we'll be watching those events for tomorrow's trading session after a 150 point rally today. stay with us. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a
have been very strong. china has been strong. mandy, you know, japan has been strong, and the banks have been strong. to me there's an underlying strength to the market when some of the bodyguards have been doing well so i think the market wants to do better. that having been said the fiscal cliff will turn out to be not a maxi deal but a mini deal and will clip the economy not by 1% but a 2% and a 60% chance something will get done but that's where we come out on it right now. a little bit harder hit to the economy. >> don't adjust your sets, everybody. this is what bob sounds like today. >> this is a different exchange here. >> not doing your imitation of david? >> what do you think that the seasonal factors are a major reason why the markets are holding up so well? if you look at the havens, gold, treasuries, for example, the dollar, there's no sign of panic in the haven. >> silver is down. you've seen a little bit of a lift in the vix, closer to 20. that's not bad, a normalization type of thing. treasuries have sold off a little bit. that means the patient is leaving the hospita
-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1-800-345-2550 plus, i can talk to their global specialists 24/7. tdd#: 1-800-345-2550 and trade in my global account commission-free tdd#: 1-800-345-2550 through march 2013. tdd#: 1-800-345-2550 best part... no jet lag. tdd#: 1-800-345-2550 call 1-800-711-5510
. breaking news now from the asian markets. japan's nikkei rising to its highest level since march of 2011. 21-month high. hope for actions from the central bank there. year-end bonus for big labor. national labor relations board stripped more protection for workers that don't want their monday wrip spent on politics. you don't knowones are yielding huge power in another way as the clock is ticking on the threatened strike that could shut down every port from maine to the texas gulf coast. once again, unions versus capitalism. here now is vincent, director of labor policy. good to have you here, vincent. >> thanks important having me on. >> so -- do i understand this correctly? if you are in a state that doesn't have right-to-work laws, you join a company that has a union shop and you have to pay dues and join the union. the money you spend on politics, i don't have to pay for that. has that changed now? is that something the labor relations board has done. make it a lot tougher to say i don't want to pay that. >> it has. one more example of the national labor relation board putting union
, japan, to teach english. our entire courtship, we were apart. it was by letters. so when we actually got married, it was like we knew we were in love with each other and we felt god put us together. but it was like, and who are you? and my wife and i are the exact opposite in every detail of our dna except our commitment to each other and the lord. the thing that made us last, we said divorce is not an option for us. we're going to make this thing work if it kills us. and there were times it nearly did. at one point, i ended up in the hospital from depression over our marriage problems. kay thought she was having a nervous breakdown. and we went to a counselor. at that time, i was working at a college and i was making $800 a month and my counseling bill was $100 a week. we wracked up a $1,500 counseling bill. was it worth it? are you kidding me? i'd pay a million dollars for are what i have got today. she's my best friend. i often thought i should do a commercial called mastercard -- priceless. saved my marriage. priceless. when people say, you know, i can't afford marriage counseling. i
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